Cadence Design Systems, Inc.
General ticker "CDNS" information:
- Sector: Information Technology
- Industry: Software - Application
- Capitalization: $89.5B (TTM average)
Cadence Design Systems, Inc. follows the US Stock Market performance with the rate: 50.8%.
Estimated limits based on current volatility of 1.9%: low 317.79$, high 329.78$
Factors to consider:
- Earnings expected soon, date: 2026-10-26 amc
- Company included in S&P500 list
- Company included in NASDAQ-100 index
- Total employees count: 13800 (+8.7%) as of 2025
- US accounted for 25.9% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Semiconductor industry dependence, Technology obsolescence, Cybersecurity threats, Customer defaults, Geopolitical risks
- Price in estimated range
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [299.97$, 415.79$]
- 2026-12-31 to 2027-12-31 estimated range: [333.13$, 454.90$]
Financial Metrics affecting the CDNS estimates:
- Negative: with PPE of 44.4 at the end of fiscal year the price was high
- Negative: Operating cash flow per share per price, % of 2.01 <= 2.37
- Positive: Industry inventory ratio change (median), % of -0.25 <= 0
- Positive: 22.58 < Operating profit margin, % of 28.17
- Positive: -1.23 < Investing cash flow per share per price, % of -0.54
- Positive: Inventory ratio change, % of 1.14 <= 1.34
- Positive: -16.84 < Industry operating profit margin (median), % of -12.56
- Positive: 7.19 < Return on assets ratio (scaled to [-100,100]) of 9.85
Short-term CDNS quotes
Long-term CDNS plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $4,089.99MM | $4,641.26MM | $5,296.76MM |
| Operating Expenses | $2,838.76MM | $3,290.50MM | $3,804.72MM |
| Operating Income | $1,251.22MM | $1,350.76MM | $1,492.04MM |
| Non-Operating Income | $30.70MM | $45.06MM | $30.00MM |
| Interest Expense | $36.19MM | $76.00MM | $116.54MM |
| R&D Expense | $1,441.80MM | $1,549.09MM | $1,768.77MM |
| Income(Loss) | $1,281.93MM | $1,395.82MM | $1,522.04MM |
| Taxes | $240.78MM | $340.33MM | $413.15MM |
| Net Income(Loss)* | $1,041.14MM | $1,055.48MM | $1,108.89MM |
| Stockholders Equity | $3,404.27MM | $4,673.58MM | $5,474.18MM |
| Inventory | $181.66MM | $257.71MM | $303.55MM |
| Assets | $5,669.49MM | $8,974.48MM | $10,153.15MM |
| Operating Cash Flow | $1,349.18MM | $1,260.55MM | $1,728.78MM |
| Capital expenditure | $102.50MM | $142.54MM | $141.87MM |
| Investing Cash Flow | $-412.25MM | $-837.12MM | $-460.52MM |
| Financing Cash Flow | $-803.57MM | $1,239.24MM | $-948.98MM |
| Earnings Per Share** | $3.86 | $3.89 | $4.09 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.